2507 N ALAFAYA TRL #10, Orlando, FL 32826
2507 N ALAFAYA TRL #10, Orlando, FL 32826,Video Tour
2507 N ALAFAYA TRL #10, Orlando, FL 32826
2507 N ALAFAYA TRL #10, Orlando, FL 32826
2507 N ALAFAYA TRL #10, Orlando, FL 32826
2507 N ALAFAYA TRL #10, Orlando, FL 32826
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$ 145,000
Est. payment | /mo

2 Beds

1 Bath

850 SqFt


$ 145,000
Est. payment | /mo

2 Beds

1 Bath

850 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $170

Subdivision Windmill Point Condo

MLS Listing ID O6390224

Bedrooms 2

Full Baths 1

Condo Fees $250

HOA Y/N No

Annual Recurring Fee 3000.0

Year Built 1973

Annual Tax Amount $2,042

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Condominium

Source Stellar MLS

Property Description

Welcome to 2507 Alafaya Trail, a compelling opportunity to own a 2-bedroom, 1-bathroom condo in the heart of East Orlando — currently tenant-occupied and generating income from day one. Whether you're an experienced investor or a first-time buyer looking to enter the market, this property delivers immediate cash flow in one of Central Florida's highest-demand rental corridors. The unit features a functional, move-in ready layout with a spacious living area, ample natural light, and a comfortable flow into the kitchen and dining space. Both bedrooms offer flexibility for a variety of tenant profiles — from students and young professionals to couples — making it an easy, low-vacancy asset to manage. The property is currently tenant-occupied, offering a seamless transition for buyers seeking a turnkey rental investment, and based on current lease terms and market conditions, operates at an approximate 7% annual cap rate, delivering solid, stable returns in one of Orlando's fastest-growing submarkets.
Location continues to be one of this property's strongest attributes. Situated just minutes from the University of Central Florida — one of the largest universities in the nation — the surrounding area benefits from deep, consistent housing demand driven by tens of thousands of students, faculty, and staff, supporting strong occupancy rates and reliable rent growth over time. The property is also ideally positioned near Research Park, home to major technology, defense, and innovation employers that continue to fuel East Orlando's economic expansion. Proximity to Waterford Lakes Town Center provides tenants with convenient access to shopping, dining, and everyday services — a key factor in tenant retention. For commuters, easy connectivity via Alafaya Trail, SR 408, and SR 417 offers straightforward access to downtown Orlando, Orlando International Airport, and surrounding employment centers.
For investors seeking a producing asset with a prime UCF-area location, strong rental fundamentals, and long-term appreciation potential, 2507 Alafaya Trail is a must-see opportunity. Tenant is in place — please do not disturb. Showings to be coordinated in accordance with tenant rights and lease terms.

Location

State FL

County Orange

Community Windmill Point Condo

Area 32826 - Orlando/Alafaya

Zoning R-3

Interior

Interior Features Living Room/Dining Room Combo, Thermostat, Window Treatments

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Range, Refrigerator

Laundry Inside

Exterior

Exterior Feature Balcony, Sidewalk

Community Features Pool

Utilities Available Cable Connected, Sewer Connected, Water Connected

View Tennis Court

Roof Type Shingle

Porch Enclosed, Rear Porch, Screened

Exposure North

Garage false

Private Pool No

Building

Lot Description In County, Sidewalk, Paved, Unincorporated

Story 2

Entry Level One

Foundation Block

Sewer Public Sewer

Water Public

Unit Floor 2

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Yes

HOA Fee Include Pool,Maintenance Structure

Senior Community No

Ownership Condominium

Monthly Total Fees $250

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=PzoBNuH5xxA&mls=1

Stellar MLS
Listed by Tim Veigle WATSON REALTY CORP

Schools and Properties Nearby

Mercedes Baez
Mercedes Baez

Realtor | License ID: SL3404454

+1(407) 600-9010 | info@mercedesbaezrealtor.com

Learn More About LPT Realty

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2507 N ALAFAYA TRL #10